Relaxation of restrictions increased retailers' profits

Quick commerce in India: Boon or bubble waiting to burst?

Trending News

1 week ago

Quick commerce in India: Boon or bubble waiting to burst?

Quick commerce has rapidly emerged as a fast-growing segment and a game-changer in India’s retail industry, merging the convenience of e-commerce with ultra-fast deliveries. Key players and market dynamics India’s q-commerce sector is dominated by Blinkit, Zepto, and Swiggy’s Instamart. According to news reports, q-commerce platforms have diverted approximately $1.28 billion in sales from these stores, representing 21% of the …

India Retail Players Dark Delivery Quick Commerce Zepto

Value-seekers drove 2024's retail trends and dead ends

Trending News

1 week, 2 days ago

Value-seekers drove 2024's retail trends and dead ends

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. But Amazon could face headwinds in the coming …

Food Retail Sales This Year Target Big Mcdonald

1 week, 6 days ago

Drop in Boxing Day sales footfall as Brits opt to spend their money online

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Analysis of popular shopping areas on Thursday showed footfall was down 10.6 per cent …

Christmas Boxing Online Sales Boxing Day Cent Spend Shoppers

Holiday shoppers increased spending by 3.8% despite higher prices

Trending News

1 week, 6 days ago

Holiday shoppers increased spending by 3.8% despite higher prices

Associated Press

Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit …

Retail Sales Spending Holiday Shoppers

1 week, 6 days ago

'Shocking development': New York Times reporter reveals what is driving huge sales numbers

Raw Story

Consumers set a massive record in holiday sales as people finally began to feel the pressure of inflation ease, New York Times business and policy reporter Lauren Hirsch told MSNBC's Jessica Layton on Thursday. This follows a number of other reports from retailers showing healthy sales — and not just the traditionally solid online stores, they noted, but, in a …

Hirsch Layton Shopping Season

2 weeks ago

We spent more on restaurants and clothing over the holidays, Mastercard says

Salon

Retail sales over the holiday season increased 3.8% over last year as people visited restaurants and purchased clothes and jewelry, according to Mastercard SpendingPulse, which tracks payments. The NRF will release a broader picture next month of how Americans are spending, with two months of statistics from the Commerce Department that show sales in November and December. Holiday shoppers planned …

Sales

Last-minute Christmas shopping takes a dive as buyers feel the squeeze

Trending News

2 weeks, 1 day ago

Last-minute Christmas shopping takes a dive as buyers feel the squeeze

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last-minute Christmas shopping saw a downturn this year as high …

Retail Christmas Spending High Cent Mri Mri Software

3 weeks, 2 days ago

TikTok changed the shopping game. Then came a potential ban

Salon

TikTok Shop, launched in September 2023, has become an e-commerce behemoth as its platform edges toward leaving the U.S. On Black Friday, TikTok Shop tripled its sales from the previous year, bringing in more than $100 million in just one day. Related Social media has changed the way we spend What’s selling on TikTok Shop TikTok Shop items are as …

Products Search Personal Care Sales Platform Million Sold

3 weeks, 2 days ago

Retail sales rose at healthy pace last month in latest sign of U.S. economy’s health

LA Times

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season. Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October’s 0.5% gain. Analysts envisioned a solid holiday shopping season, though perhaps not as robust as last …

Holiday Shopping Retail Sales Fed Rate Stores

3 weeks, 4 days ago

Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts

CNN

CNN — Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics. BNPL payment plans especially influence shoppers who usually spend less and are more reliant on credit cards, said Dionysius Ang, a consumer researcher and associate professor at the University of Leeds in England. “The …

Gen Z Credit Pay Credit Cards Cnn Users Consumers

4 weeks ago

Vroom time: Expect Big QCom to rev up India’s retail revolution

Live Mint

Amazon is entering India’s quick commerce race, close on the heels of pilots from Flipkart and Reliance. The rise of Big QCom, if we may call it that, is likely to disrupt the country’s retail trade in all its forms and also impact other segments of this industry. Traditional retailers, the kirana or corner shops, are likely to be impacted …

India Quick Big Kirana Corner Shops Retail Revolution Big Qcom

4 weeks, 1 day ago

Moonpig swings to loss as shoppers opt for cheaper gifts

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Moonpig has swung to a …

Ai Moonpig

1 month ago

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders

China Daily

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders Xinhua Updated: Dec 05, 2024 BEIJING -- Transcending distances and national borders, the Black Friday shopping spree has become an extravaganza for both American and Chinese firms and consumers, thanks to the expansive reach of cross-border e-commerce. Online shopping on Nov 29, the first day of this year's Black …

China Black Sales Chinese Chinese Firms Black Friday Overseas Shoppers

1 month ago

Retailers point to solid U.S. sales over holiday weekend

Raw Story

U.S. consumers turned out in force in stores and online over the Thanksgiving weekend, a key stretch in the holiday shopping season, a leading retailer group said Tuesday. A total of 197 million shoppers, about 59 percent of the U.S. population, made purchases during a five-day stretch that includes Black Friday and Cyber Monday, according to figures from the National …

Nrf Holiday Weekend

1 month ago

Retail 'golden quarter' under pressure as sales disappoint again in November

Daily Mail

Retailers faced lacklustre sales again in November as weak consumer confidence continues to weigh on the sector's 'golden quarter'. Non-food online shopping sales figures slumped by 10.3 per cent year-on-year in November, new data from the British Retail Consortium and KPMG Retail Sales Monitor shows. Total retail sales fell by 3.3 per cent year-on-year in November, against growth of 2.6 …

Retail Consumer Sales Cent Black Friday Golden Quarter Spending Figures

1 month ago

Record-breaking Black Friday goes digital as holiday shopping embraces online convenience; Cyber Monday sales skyrocket

Hindustan Times

Shopping mania is at an all-time high during the 2024 holiday season, with Adobe forecasting Cyber Monday’s record-high peak will surpass Black Friday to become the biggest shopping day of the year. Despite the shopping holiday previously being “anchored by in-store shopping,” Pandy noted that “with mobile, AI, and chatbots reshaping consumer behaviour, we expect online sales to continue growing …

Shopping Black Online Online Sales Sales Cyber Black Friday

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Trending News

1 month ago

Cyber Monday: Shoppers expected to spend record $13.2 billion online, report says

Hindustan Times

Cyber Monday, held on the Monday after the worldwide Black Friday sale tradition, is expected to clock sales worth at least $13.2 billion, 6.1% more than the previous year, according to online shopping tracker Adobe Analytics. FILE - Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping …

Black Online Online Sales Sales Billion Spent Black Friday

1 month ago

Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping

Associated Press

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become …

Holiday Shopping Retail Black Thanksgiving Online Shopping Online Sales

1 month, 1 week ago

Despite fierce competition from online retailers, Brick-and-Mortar electronic retailers are making healthy profits- Report

Live Mint

New Delhi, December 2 : In an era where online retailers dominate the market, brick-and-mortar electronic retailers in India continue to report healthy profitability, says a report by Nuvama. The report highlighted that despite fierce competition, the traditional retail model showed resilience due to their disciplined operations and strong support from original equipment manufacturers. It said "In the consumer durables …

India Report Retailers Brick Consumer Durables Online Retailers

1 month, 1 week ago

Cyber Monday expected to see record spending

Salon

From fruit blenders to noise-canceling headphones, e-commerce sites are slashing prices on almost everything for Cyber Monday, the biggest online shopping day of the year. According to The Associated Press, consumers are expected to spend $13.2 billion on Monday, with spending at an estimated $15.7 million per minute during peak hours of 8 p.m. to 10 p.m. Brick-and-mortar stores reported …

Spending Spend Cyber Monday

1 month, 1 week ago

Fewer in-store sales around Black Friday

NL Times

Netherlands residents seem to have spread their Black Friday purchases out over the week running up to the originally American discount day. According to the Dutch Payment Association, there were almost 19 million debit card transactions on Black Friday, a decrease of 5 percent compared to a year ago. “This year, online stores seemed to convincingly replace physical stores for …

Netherlands Black Payment Black Friday

1 month, 1 week ago

Cyber Monday shoppers are expected to set a record on the year’s biggest day for online purchases

LA Times

Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon on Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become …

Holiday Retail Black Online Online Shopping Online Sales Sales

1 month, 1 week ago

Black Friday goes digital as Americans rack up $10bn worth of online purchases

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Americans spent a staggering …

Online Sales Black Friday

1 month, 1 week ago

Is Black Friday still a holiday shopping juggernaut in 2024?

Hindustan Times

NEW YORK — After weeks of pushing early deals, retailers in the United States and some other countries tried to seduce customers with promises of bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Enough consumers enjoy holiday shopping in person that Black …

Holiday Shopping Retail Black Online New York Clark

1 month, 1 week ago

Black Friday deals you can’t miss in the US: Amazon, Target, Walmart, Macy’s and more

Live Mint

Black Friday 2024 has arrived, bringing some of the year's best deals across a wide range of products at stores throughout the United States. Whether you're looking for the latest tech, home essentials, or holiday gifts, this year’s Black Friday deals are designed to give you everything you need at unbeatable prices. Target Target's Black Friday Deals include up to …

Savings Black Clothing Amazon Discounts Deals Target

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop

Trending News

1 month, 1 week ago

Black Friday set to dominate Thanksgiving weekend as 131.7 million prepare to shop

Live Mint

Black Friday is expected to be the busiest shopping day of the Thanksgiving weekend, with 72% of shoppers—an estimated 131.7 million people—planning to visit stores or shop online, according to the National Retail Federation’s survey conducted with Prosper Insights & Analytics. Thanksgiving weekend shopping trends Overall, the NRF projects a record-breaking 183.4 million shoppers will participate in the five-day shopping …

Shopping Weekend Thanksgiving Shop Shoppers Cyber Monday Nrf

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

Trending News

1 month, 1 week ago

Retailers bank on Black Friday to energize bargain-hungry holiday shoppers

Associated Press

NEW YORK — It’s show time. After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. “People come to get the deals, but more importantly, they come …

Retail Black Discounts Online According Season Last Year

1 month, 1 week ago

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

LA Times

The Christmas tree is a big attraction on Black Friday at South Coast Plaza in Costa Mesa. “Honestly, you’ve got to come in with the mentality: It’s Black Friday,” said Gus Aguirre, a Simi Valley barber, who said his family never misses the biggest shopping day of the year. They suspected they could get the same sort of deals during …

Holiday Shopping Black Online Sales Deals Spending

Why retailers still see Black Friday as the high point of the holiday shopping season

Trending News

1 month, 1 week ago

Why retailers still see Black Friday as the high point of the holiday shopping season

Associated Press

NEW YORK — After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. It’s a better experience.” In the U.S., analysts envision a solid holiday shopping …

Shopping Black Thanksgiving Discounts Online According Season

1 month, 1 week ago

As a shopping expert, I need to tell you the truth about Black Friday

The Independent

It was 5am on the morning after Thanksgiving 2008. Black Friday was no longer about financial fear, but rather about bottom line abundance – over-the-top promotion to move retailers from “in the red” to “in the black”. Recommended How this Chinese shopping app took over the world and turned into the ultimate ick The day launched the official holiday shopping …

Holiday Shopping Black Thanksgiving Getty Retailers Buy

1 month, 1 week ago

Quick commerce gets popular, users spending more on such platforms: Meta study

Live Mint

New Delhi: Quick commerce has gained in popularity in India, with 91% of online consumers aware of such platforms and more than half having used them recently, according to a report released by Meta. Meta’s India quick commerce study surveyed 2,501 internet users aged 16-64. “As we exit 2024, the two key trends that stand out in the e-commerce space …

Social Media India Media Commerce Online Quick Commerce Quick

1 month, 1 week ago

Credit Card Spends Rise Again in October

Deccan Chronicle

Mumbai: Fueled by deals offered during the festive season, credit card spends have risen in the last two months. Most of the spends were through online shopping using credit cards due to attractive discounts and deals offered by e-commerce platforms like Amazon and Flipkart during their festive season sales. Bankers said that around 80-85 per cent of the credit card …

Credit Credit Cards Festive Card Cards Lakh Spends

1 month, 1 week ago

What Black Friday’s history tells us about holiday shopping in 2024

Associated Press

NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The term “Black Friday” is several generations old, but it wasn’t always associated with the holiday retail frenzy that we know today. Jie Zhang, a professor of marketing at the University of Maryland’s Robert …

Holiday Shopping Retail Black Thanksgiving Online Online Shopping

1 month, 2 weeks ago

Black Friday sale: Special discounts for Bank of Baroda credit card owners on Amazon, Flipkart, Jiomart, etc. Check info

Live Mint

Bank of Baroda's BOBCARD is offering discounts up to 25% on purchases from e-commerce platforms like Flipkart, Amazon, Jiomart, Croma, Paytm, etc. Black Friday sale Several e-commerce websites have announced huge discounts on the Black Friday Sale and Winter Sale. Jiomart Electronics Black Friday Sale 10% Instant Discount up to ₹ 2000 Avail on Full Payment & EMI, Sitewide except …

Sale Discounts Discount Emi Black Friday Flipkart Full Payment

1 month, 2 weeks ago

US consumers to bargain hunt in annual 'Black Friday' spree

Deccan Chronicle

NEW YORK: US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded. Americans are "ready to open their wallets this holiday season," said the Conference Board ahead of Black Friday -- the day after Thanksgiving, which this year, falls on November 28 -- that …

Holiday Consumer Black Trump Black Friday Saunders Shopping Season

1 month, 2 weeks ago

Instacart becomes first online grocery platform to launch SNAP eligibility screener for customers

Salon

Instacart, the San Francisco-based grocery delivery company, has launched an all-new Supplemental Nutrition Access Program eligibility tool that lets consumers anonymously check whether they qualify for benefits in less than 60 seconds, the company announced in a Thursday press release. By introducing our SNAP eligibility screener, we're making it simpler for families to find out if they qualify and take …

Online Grocery Press Release Instacart Snap Eligibility Tool Snap Eligibility Eligibility Tool

1 month, 2 weeks ago

48% credit card users solely rely on online shopping; over 80% benefit from e-commerce offers during festive season

Live Mint

Most shoppers prefer using credit cards as a mode of payment for online shopping over in-store purchases. More than 48% of credit card users stated in a survey that they chose only credit cards to make payments on online purchases during the festive season. Credit card usage Around 45% users mostly chose credit cards for online purchases and a little …

Shopping Credit Offers Online Online Shopping Credit Cards Festive Season

1 month, 3 weeks ago

Walmart keeps growing with shoppers making more than $100,000 a year

CNN

New York CNN — Walmart’s business is surging. Walmart’s US sales at stores open for at least a year grew 5.3% last quarter compared with the year prior, the company said Tuesday. Walmart said it gained market share last quarter, driven “primarily from upper-income households.” Low and middle-income shoppers have traditionally formed the core of Walmart’s customer base, and they …

Walmart

1 month, 3 weeks ago

Thumbs down to online shopping

The Hindu

From battle ships to diapers, people seem to be buying everything online nowadays. Prior to the pandemic, the ones who didn’t shop online shopped at super malls and hyper malls. Yet there are some like me who still stick on to the “no online shopping” club with a passion that makes the believers ask, ‘Why’? Supporters of online buying will …

Shopping Online Online Shopping Shop

1 month, 3 weeks ago

Retail sales up solidly in October as Americans showed continued willingness to spend

Associated Press

WASHINGTON — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. “People may not love how much it costs to go …

Economy Retail Prices Sales Spending Spend Walmart

1 month, 3 weeks ago

Retail sales up solidly in October as Americans showed continued willingness to spend

LA Times

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. Sales in some categories fell — furniture stores, clothing outlets and drug …

Economy Retail Prices Sales Spending Spend Walmart

1 month, 3 weeks ago

Quick-Commerce’s Predatory Pricing Affecting Kirana Stores: CAIT

Deccan Chronicle

Chennai: The fast-growing quick-commerce players have raised over Rs 54,000 crore as FDI and they are using a major share of the money to offer discounts and predatory pricing, which in turn is affecting the business of Kirana shops, alleges an industry body. This predatory pricing pulls customers away from Kirana shops, crippling their ability to compete,” a white paper …

Commerce Quick Commerce Cent Quick Stores Fdi Kirana

Ningbo’s online retail sales hit 30.97b yuan amidst shopping spree

Trending News

1 month, 3 weeks ago

Ningbo’s online retail sales hit 30.97b yuan amidst shopping spree

China Daily

A workshop in Ningbo, Zhejiang province. Ningbo’s online retail sales totaled 30.97 billion yuan throughout the month-long Double 11 shopping extravaganza, marking a yearly uptick of 11.58 percent, as per official statistics. Within this total, online retail sales of physical goods in the city hit 29.19 billion yuan, representing a substantial 94.27 percent of the overall sales figure. Geographically, Cixi, …

Online Retail Sales Ningbo Online Retail Sales

Trending News

1 month, 3 weeks ago

Ningbo’s online retail sales hit 30.97b yuan amidst shopping spree

China Daily

A workshop in Ningbo, Zhejiang province. Ningbo’s online retail sales totaled 30.97 billion yuan throughout the month-long Double 11 shopping extravaganza, marking a yearly uptick of 11.58 percent, as per official statistics. Within this total, online retail sales of physical goods in the city hit 29.19 billion yuan, representing a substantial 94.27 percent of the overall sales figure. Geographically, Cixi, …

Online Retail Sales Ningbo Online Retail Sales

1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Market Sales High Million Increase Households Shopping Trips

1 month, 3 weeks ago

Chinese e-commerce firms report growth in sales, shoppers for Singles’ Day shopping festival

Associated Press

HONG KONG — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed. Rival online retailer JD.com said Tuesday the number of shoppers for its Singles’ Day promotion period grew 20% and that it achieved “double-digit growth” in transaction volume …

Growth China Sales Platforms

1 month, 4 weeks ago

How China’s sluggish economy has made Singles Day gloomy for retailers

Firstpost

The massively popular Singles’ Day shopping frenzy in China is here, but this year, the enthusiasm among consumers seems to have dimmed. Women walk out from a fashion boutique near a display promoting the upcoming China popular e-commerce sales, the “Singles’ Day” global online shopping festival, at a shopping mall in Beijing, Nov. 4, 2024. Women walk out from a …

Shopping Growth China Sales Singles Beijing Wang

1 month, 4 weeks ago

Quality focus rules Singles Day shopping gala

China Daily

An employee picks imported goods for sale during the Singles Day shopping festival at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. Data from Tmall, Chinese tech heavyweight Alibaba Group's business-to-customer platform, showed that in the first four hours after the shopping carnival officially kicked off at 8 pm on Oct 21, 174 brands saw their …

Sales Volume Period Chinese Yuan 100 Brands

1 month, 4 weeks ago

Quality focus rules Singles Day shopping gala

China Daily

An employee picks imported goods for sale during the Singles Day shopping festival at a cross-border e-commerce bonded warehouse in Jinhua, Zhejiang province, on Oct 23. Data from Tmall, Chinese tech heavyweight Alibaba Group's business-to-customer platform, showed that in the first four hours after the shopping carnival officially kicked off at 8 pm on Oct 21, 174 brands saw their …

Sales Volume Period Chinese Yuan 100 Brands

High Street Revival: The Comeback of Physical Shopping in Europe

Trending News

2 months, 1 week ago

High Street Revival: The Comeback of Physical Shopping in Europe

China Daily

High street stores are making a comeback in Europe, signaling a lessening of consumer desire for the convenience of online shopping. Physical shopping is not necessarily a vote in favor of real-world retail and against the online experience, however. Many shops have now taken on board digital features such as touch-screen options for customers to use in store.

Entertainment Business Law Funny London

Relaxation of restrictions increased retailers' profits

History of this topic

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First coronavirus wave gave online retail a major boost

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